City of Chicago Committee on Finance Meeting Summary May 2026
United Yards 1B QALICB LLC in amended TIF pact
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Description
The Committee on Finance approved an amendment to the redevelopment agreement including United Yards 1B QALICB LLC, changing TIF disbursement mechanics for up to $1,813,375 in assistance for the United Yards 1B project at 4700 S. Ashland Avenue. The change refines payment timing without increasing the TIF cap.
Contract Details
Contract Amount
Amount not to exceed: $1,813,375
Vendor
UNITED YARDS 1B QALICB LLC
Agency
Chicago Department of Aviation, IL
Contract Type
FACILITIES
Document Date
May 20, 2026
Renewal Info
First Amendment modifies disbursement structure of existing TIF-funded redevelopment agreement for United Yards 1B; overall not-to-exceed TIF amount remains $1,813,375.
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City of Chicago Committee on Finance Meeting Summary May 2026
City of Chicago Committee on Finance Meeting Summary May 2026
City of Chicago Committee on Finance Meeting Summary May 2026
City of Chicago Committee on Finance Meeting Summary May 2026
City of Chicago Committee on Finance Meeting Summary May 2026
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